Recently, the Federal Government extended the temporary relief measure for insolvent trading until 31 December 2020 to provide businesses with further support during COVID-19. What does not appear to be well understood is exactly how such temporary relief has been enacted in legislation and in a practical sense, what steps Directors need to consider to obtain the benefit of such protective relief.
Read the full Newsletter: https://mailchi.mp/28d19685f2ed/changes-to-temporary-insolvency-relief-for-directors-9444152